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See how verdicts work2-bedroom flat · GL10 2BP
Listing removedListed 353 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**two double bedroom ground floor apartment with private rear courtyard, off road parking and no onward chain** tg Sales welcome to the market a sizeable two-bedroom ground floor apartment located within Elgin Court, with Stonehouse High Street right on your doorstep.
The accommodation can be accessed via a communal entrance and briefly comprises open plan living/kitchen/dining area, two double bedrooms, main bathroom and a second separate WC.
From the kitchen, patio doors lead out to your own private enclosed courtyard. To the front of the apartment complex you will find one allocated parking space.
This property is being offered for sale with no onward chain and would make a fantastic first time buy or investment. The below lease information has been supplied to us by the current owners.
All information to be confirmed by your solicitor: Lease length - 999 years from 1st January 2007 (980 years approx. Remaining) Service charge - £101 per month approx.
Entrance Apartment accessed via communal door, telephone entry system.
Living Room (16' 11'' x 13' 8'' (5.15m x 4.16m)) Kitchen/Diner (12' 1'' x 9' 11'' (3.68m x 3.02m)) Master Bedroom (12' 8'' x 12' 0'' (3.86m x 3.65m)) Bedroom Two (9' 7'' x 9' 2'' (2.92m x 2.79m)) Bathroom (5' 3'' x 8' 0'' (1.60m x 2.44m)) WC (5' 4'' x 3' 0'' (1.62m x 0.91m))
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 5, Elgin Court, Stonehouse
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